New Era Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 0 | 0 | 0 | — | — |
| 2011 | 218,144 | 220,368 | −2,224 | 0.0 | 56% |
| 2012 | 238,256 | 234,740 | 3,516 | 0.2 | 56% |
| 2013 | 204,179 | 216,420 | −12,241 | -0.4 | 59% |
| 2014 | 250,155 | 239,103 | 11,052 | 0.1 | 18% |
| 2015 | 256,731 | 254,560 | 2,171 | 0.2 | 14% |
| 2016 | 174,148 | 185,818 | −11,670 | -0.4 | — |
| 2017 | 201,720 | 196,995 | 4,725 | -0.1 | 19% |
| 2018 | 165,601 | 171,503 | −5,902 | -3.6 | 60% |
| 2019 | 141,558 | 152,069 | −10,511 | -4.9 | 56% |
In its most recent public year (2019), this organization spent $10,511 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.9 months). Staff pay was 56% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2019. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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